Accenture spends $841M on training, professional development in 2015

Accenture invested $841 million on training and professional development of its employees in the fiscal year 2015, the company said.Prachi Verma | ET Bureau | January 15, 2016, 10:16 IST

Accenture invested $841 million on training and professional development of its employees in the fiscal year 2015, the company said.

In a press release issued on Thursday, the global consultancy firm said it invested in 15 million hours of training, which works to about over 40 hours per employee.

The company in the last one year has been focused on digital technology and reinvented its approach to learning.

“As a talent-led organisation, we are always inventing new ways for our people to learn and grow professionally in their careers,” said Pierre Nanterme, Accenture’s chairman and CEO.

“Digital is key to learning at Accenture, and we continue to invest in the latest digital technologies to deliver highly relevant training to our people—quickly and at the point of need—to ensure that we are bringing our clients the end-to-end capabilities and outcomes that only Accenture can deliver."

Since its introduction at the start of fiscal 2015, Accenture Connected Learning has enabled the company to develop highly specialised skills at scale and to respond to quickly changing business requirements.

Nanterme said Accenture plans to double the number of virtual classrooms in fiscal 2016 to more than 100. The company has regional learning centres in Bangalore, Kuala Lumpur, London, Madrid, and St. Charles, Illinois (US).